SharesPost has announced a new partnership with Securitize, an technology platform that enables the tokenization of any asset. SharesPost is a regulated alternative trading system (ATS) and one of the earliest platforms moving into the security token sector as a regulatory compliant marketplace for digital assets. This most recent collaboration will be beneficial to both entities as they seek to provide liquidity and opportunity for issuers and investors in the security token market.
Carlos Domingo, CEO of Securitize, says they are excited to be working with Sharespost and they “continue to see rapid adoption of our Digital Securities Protocol across the globe and welcome further partnerships.”
Gregory Brogger, founder and CEO of SharesPost, explains they have seen rapid growth in the security token market this year and the are looking forward do this new partnership;
“Securitize is a perfect partner for us. They bring a pipeline of strong token issuers and a market leading tech solution for both exchanges and issuers.”
According to SharePost, Securitize’s issuer clients will have access to their established marketplaces for secondary transactions and digital securities. SharesPost reports it has closed over $4 billion in unregistered securities transactions to date. This number includes securities not being managed on blockchain. Additionally, it will provide Securitize clients with access to a ready pool of experienced investors in the private securities space. Securitize previously disclosed that it has over 15 issuer clients, with several more set to come online and list on the SharesPost platform in the coming months.
SharesPost is a FINRA-registered broker-dealer and digital securities trading is expected to launch later in 2018.
The company has also been rapidly building out its GLASS network – a compliant, global network of exchanges to facilitate the trading, certification, and custody of security tokens and tokenized assets.
SharesPost has inked partnerships with crypto exchanges including OKCoin, Stellar Decentralized Exchange, and Huobi.
Securitize’s security token issuance platform is said to allow for seamlessly compliant trading of security tokens across multiple markets and exchanges.